1,396 sqft

$449,000

3508 E State Hwy 20, Nice CA, 95464

Price per sqft$321.63

Built in1963

Property size1,396 sqft

Property typeCommercial

Listed by Hannah Wright CA DRE# 01943441 with Konocti Realty 707-671-3604

Overview

Active

Listed Jul 31, 2026

Updated Aug 1

Established laundromat/retail space open for over 40 years! Commercial Investment Opportunity – Turnkey Laundromat + Real Highway 20 Frontage | High Traffic Location Rare opportunity to own a cash-flowing laundromat with real estate included, plus significant upside potential. Current Income: • Approx. $6,000/month gross • Estimated ~$46,000+ NOI • Strong ~9% cap rate at asking price Property Features: • Fully operational coin-operated laundromat • All Dexter washers & dryers • Recently remodeled building (refurbished machines) (~2 years ago) • New roof • Updated electrical • Custom RGB LED signage • Prime high-visibility location on Highway 20 Additional Income + Value-Add Opportunity: • Retail rental space with stable tenants • 2 bed / 2 bath home on-site • Needs remodel (~$25K est.) • Potential $1,300–$1,400/month

Additional information

MLS^® ID: LC26166501

Interior Features

Basement: No

Exterior Features

Lot Size: 0.3 Acres

Listed by Hannah Wright CA DRE# 01943441 with Konocti Realty 707-671-3604

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/1/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/1/2026 at 8:18 AM UTC Last Checked: 8:18 AM UTC